Clipped from: https://www.business-standard.com/article/opinion/rising-inflation-risk-121061501553_1.html Ignoring it for long could increase longer-term costs The latest inflation data has put the Monetary Policy Committee (MPC) of the Reserve Bank of India (RBI) in a spot.
Month: June 2021
Dangers of a wrong diagnosis | Business Standard Column
Clipped from: https://www.business-standard.com/article/opinion/dangers-of-a-wrong-diagnosis-121061501572_1.html Indirect taxes are now higher than direct taxes. But cutting indirect tax rates to address this will amount to barking up the wrong
NSDL statement prevents a $500-million sell-off in Adani group stocks | Business Standard News
Clipped from: https://www.business-standard.com/article/markets/nsdl-statement-prevents-a-500-million-sell-off-in-adani-group-stocks-121061501625_1.html Analysts said a freeze of the FPI accounts, as reported by some media outlets, could have prompted global index providers to cut weighting
Vedanta arm is paying almost nothing for Videocon group, says NCLT | Business Standard News
Clipped from: https://www.business-standard.com/article/companies/vedanta-arm-is-paying-almost-nothing-for-videocon-group-says-nclt-121061600048_1.html Expresses surprise that Twin Star’s bid was so close to liquidation value Videocon Industries, saddled with a debt of Rs 35,000 crore, was
RBI will have to look through high inflation for growth, say economists | Business Standard News
Clipped from: https://www.business-standard.com/article/economy-policy/rbi-will-have-to-look-through-high-inflation-for-growth-say-economists-121061501364_1.html While the inflation numbers are much above RBI’s tolerance band, the central bank would rather hope an urgent reduction of taxes by the
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/526-billion-export-opportunity-for-small-businesses-thanks-to-covid-led-digital-adoption-says-paypal/2271621/ Nearly 60 per cent of exported items are goods which represents a $313 billion market for India’s local artisans of tribal products, handicrafts,
Financial Express MSME Webinar 2021: Business Webinars, MSME Webinar by Entrepreneurs
Clipped from: https://www.financialexpress.com/industry/sme/govts-udyam-portal-will-level-udyog-aadhaars-1-cr-msme-registration-mark-in-3-years-likely-phd-chamber/2272026/ The Reserve Bank of India (RBI) had last year said that existing EMs part II and/or UAMs of MSMEs obtained before June 30,
A PLI boost to Make in India – The Financial Express
Clipped from: https://www.financialexpress.com/opinion/a-pli-boost-to-make-in-india/2272019/ While the PLI schemes across sectors are good on paper, govt must address pain points raised by the potential beneficiaries While a clear
Full-fledged economic recovery to take hold in July, says Niti Aayog VC Rajiv Kumar | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/full-fledged-economic-recovery-to-take-hold-in-july-says-niti-aayog-vc-rajiv-kumar-997607.html ‘And as happened after the first wave subsided, the strength of this economic recovery may also surprise us’ Rajiv Kumar, Vice Chairman, Niti
Proposed global tax may not benefit developing countries–SURANJALI TANDON WRITES: indian express
Clipped from: https://indianexpress.com/article/opinion/columns/g7-summit-global-minimum-tax-corporate-tax-rates-7359184/ The deal between the seven countries is being labelled a landmark, but in the absence of 132 other members of the inclusive framework,
Know tax implications of credit card transactions – The Financial Express
Clipped from: https://www.financialexpress.com/money/your-money-know-tax-implications-of-credit-card-transactions/2271988/ Attractions such as discounts, cash backs, travel miles, sign up bonuses and reward points offered by merchant dealers or banks, make credit cards
Tejpal case: Stereotypes trumped law | Deccan Herald
Clipped from: https://www.deccanherald.com/opinion/panorama/tejpal-case-stereotypes-trumped-law-997599.html While Tejpal could be innocent, the manner in which the court arrived at its decision is deeply problematic Former journalist Tarun Tejpal (R)
All you need to know about tax on gifts | Deccan Herald
Clipped from: https://www.deccanherald.com/business/all-you-need-to-know-about-tax-on-gifts-994493.html For the purpose of Taxation, a gift refers to the receipt of a sum of money, property or something in kind, by any
Step-up working capital loans to street vendors: RBI nudges PSBs – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/money-and-banking/step-up-working-capital-loans-to-street-vendors-rbi-nudges-psbs/article34812258.ece Loan sanctions only at 58 per cent of total applications The Reserve Bank of India (RBI) has impressed upon public sector banks (PSBs)
The crippling impasse over external debt relief – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/columns/c-p-chandrasekhar/the-crippling-impasse-over-external-debt-relief/article34814897.ece The impending debt crisis is spread across low- and middle-income countries. Yet global leaders show few signs of urgency or adequate action to
RBI sharpens tools to fight Covid 2.0 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/rbi-sharpens-tools-to-fight-covid-20/article34815348.ece It’s time for banks to aggressively use the liquidity windows provided by the RBI to lend to the ailing sectors and hasten revival
Why fiscal prudence in a pandemic year? – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/why-fiscal-prudence-in-a-pandemic-year/article34815104.ece In 2020-21, rather than boost public spending, some States surprisingly chose to cut expenditure/subsides and the fiscal deficit The real gross domestic product
With Adani saying FPI ACs not frozen, ball in SEBI, NSDL court – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/companies/with-adani-saying-fpi-acs-not-frozen-ball-in-sebi-nsdl-court/article34815638.ece Adani Group stocks tumble up to 25% With the Adani Group insisting that the demat accounts of the three foreign portfolio investors (FPIs)
A case for investor caution in Q4 – The Hindu BusinessLine
Clipped from: https://www.thehindubusinessline.com/opinion/editorial/q4-caution/article34815076.ece?homepage=true Investors would do well not to be guided by Q4 results while placing bets in an over-valued market A lucky combination of circumstances
Don’t delay choosing nominee for life insurance policy, say analysts | Business Standard News
Clipped from: https://www.business-standard.com/article/pf/don-t-delay-choosing-nominee-for-life-insurance-policy-say-analysts-121061401605_1.html Select a dependent or person likely to shoulder family’s financial responsibilities To avoid a dispute, one should name a nominee while purchasing the